CMP: 55304.50
Moving AVG (EMA) 20 Hour & 40 Hour: 54192 & 53205
Moving AVG (EMA) 20 Day & 40 Day: 51587 & 50762
Support & Downside Range: 54685—54185 zone, 53370--52715
Resistance & Upside Range: 55500—55750--56240
Short Term Trend Reversal Level: --
Trading View Summary:
• For today's intraday trading session key level to watch is 54685--54185 support zone.
• After opening if this support zone manage to hold on 1hr sustain basis then ongoing trend remains continue and banknifty can show extension move towards minimum 55500 to 55750 and maximum 56240 spot levels.
• Whereas after opening if 54685--54185 breaks on 1hr sustain basis then we may see a pullback move and bank nifty can fall towards minimum 5330 to 52715 spot levels.